OREANDA-NEWS. October 08, 2007. OP Life Assurance Company Ltd's policyholders can from 8 October 2007 onwards include a capital-guaranteed index-linked bond, OKO Rahasto-Obligaatio II/2007, to their unit-linked policies, reported the press-centre of OKO Bank.

It is tailored for those interested in insurance savings and who appreciate safety yet seek a higher return than traditional fixed-income investments can offer. Existing insurance savings can be transferred to the fund-linked bond without tax consequences.
 
The bond will be issued and managed by OKO Bank plc and it will be issued on 12 December 2007 with a six-year term. Provisional subscription will begin on Monday, 8 October 2007 at an issue price of 100. On the maturity date, the policyholder will receive the nominal value of the bond and any index bonus.

The chosen underlying funds are well suited to long-term investing and provide clear diversification benefits both geographically and in other respects.

If the subscription price exceeds 2,000,000 euros, the bond will be listed on the Helsinki Stock Exchange. The policy can be taken out with OP-Pohjola Group branches and OP Life Assurance Company Ltd's agents.